WELCOME TO THE SGAFC group. A 100% COMPLIANT B-BBEE FINANCIAL SERVICES COMPANY.
WE AT OUR NEW CORPORATE OFFICES AT:
9TH FLOOR, 81/85 MAIN STREET, JOHANNESBURG CBD.(PICS)
OUR FRIENDLY RECEPTIONIST, TANYA AWAITS YOUR CALL.
SGAFC, THE BUSINESS DOCTORS!!
* Business Consultants
- we sell at special price
-free customisation and training
AUDITING/ ACCOUNTING : International Reporting Standards(IFRS)The APB and the FRSC, have withdrawn SA GAAP for financial periods beginning on or after 1 December 2012, entities currently applying SA GAAP will need to move to either IFRS or IFRS for SMEs. FInancial statements will have to be drafted in line with section 35 of the IFRS for SMEs – Transition to the IFRS for SMEs.
Most companies with a financial year end of February 2013 will have to comply with IFRS for SME.
CORPORATE SECRETARIAL PRACTICE: Calling on all accountants, legal firms or corporations! Why not outsource all your company secretarial practice needs to our corporate division?We have a department dedicated exclusively to Company Law, and administration. We undertake substantial research into the Companies Act 2008, and many of our recommendations have been warmly received by CIPC.
Before you think of your books or taxes, have you investigated whether your company(profit or non-profit) still exists? The registrar(CIPC) has deregistered thousands of companies, that failed to comply with the annual return requirements.
The Bad News: It is extremely difficult to re-instate a de-registered company.(deed searches, newspaper ads, correspondence with public works and treasury departments of government)
The Good News: We have all the skills and contacts to re-instate your company swiftly, and at a reasonable fee.
Email us at email@example.com All Companies also have to be upgraded to be compliant with New Companies Act, 2008
Companies and Close Corporations with annual returns outstanding for two years and more and who have been referred for deregistration have until 27 February 2013 to pay the outstanding annual return fees. Failing to pay the fees due by 27 February 2013 will result in the defaulting companies and close corporations being finally deregistered. The effect of this action would mean that such entities will have no legal personality of their own. The name of any deregistered business will become available to any other person to reserve and it will only be re-instated if the business can provide proof that it was active in the economy at the time of deregistration. In addition, the new requirements for the re-instatement of deregistered companies and close corporations, that came into effect on 1 November 2012, will apply.
If you own a small or medium sized company, you should be aware that you a facing some daunting challenges, due to a myriad of laws and regulations passed.
REMEMBER, OTHER FINANCIAL INSTITUTIONS CANNOT OFFER YOU THE PERSONALISED, SERVICE IN COMPANY REGISTRATIONS, ANNUAL RETURNS AND RESTORATIONS THAT WE CAN!
We now offer riveting COMPANY LAW WORKSHOPS AND SEMINARS! Contact firstname.lastname@example.org or Donald Norman at email@example.com. for more information.SEE OUR CORPORATE SERVICES SECTION FOR ADDITIONAL SUPPORT.These laws were enacted, in the Tax Administration Act, the Consumer Act, but more specifically the Companies Act of 2008.Whilst the New Companies Act, has simplified the registration of businesses and compulsory audits have been done away with for smaller business entities etc. The requirements of “fair” financial reporting, ie financial statements are rigid. Complicated changes in IFRS demands a framework prescribed by the International Accounting Standards Boards. To traverse this complicated landscape. You will need assistance. OUR FIRM, in its 18 year history has a track record for producing financial statements fully compliant with banks, SARS and IFRS requirements.
We have numerous successes in solving complicated tax matters and reducing wrong tax assessments and claiming all legal tax deductible expenses.
Pricing and fees are negotiable, and certain consulting and advisory services are free. We cognisant of difficulties encountered by entrepreneurs.